Ethereum (ETH): Follow This Fractal!!

SUMMARY

A few days ago, the below chart labels were put forth and the current price shows the actuals. The key has been for a top to occur as indicated by the upward pointing wedge followed by an ABC type of correction. The actuals did not follow the exact projected pathway; but an update is shown below.

The chart pattern and labels have been updated. It shows a likely minor top has been hit with wave 5 completiong and that a correction of ABC type is in progress. That was the original call and thus remains the same. Following the completiong of the correction, the original trend should resume up. Now, the blue box contains a fractal of a symmetrical triangle that exploded much higher. The white box contains a fractal which could likely do the same!

The alternate looks like this; an abcde symmetrical triangle. Wait, this looks just like that of Bitcoin (BTC)! Well, yes, that's because the sentiment overlap between BTC and ETH is pretty high.

Legal Disclaimer: I am not a financial advisor nor is any content in this article presented as financial advice. The information provided in this blog post and any other posts that I make and any accompanying material is for informational purposes only. It should not be considered financial or investment advice of any kind. One should consult with a financial or investment professional to determine what may be best for your individual needs. Plain English: This is only my opinion, make of it what you wish. What does this mean? It means it's not advice nor recommendation to either buy or sell anything! It's only meant for use as informative or entertainment purposes.

Please consider reviewing these Tutorials on:
Elliott Wave Counting Tutorial #1
Elliott Wave Counting Tutorial #2
Elliott Wave Counting Tutorial #3
Laddering and Buy/Sell Setups.
Laddering Example with EOS
Tutorial on the use of Fibonacci & Elliott Waves
@haejin's Trading Nuggets
Essay: Is Technical Analysis a Quantum Event?

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